Investment Q&A

Q: I have US$ in my non- RRSP account but would like to buy a US stock in my RRSP account but I have no US$ so I would have to pay the currency exchange difference. Is this a good idea? The US stock I am looking at buying is UTX.
Thanks
Dolores

Q: Hi Peter &Co
I hold KMR in a TFSA. Some of the news on Consolidation of Kinder Morgan express concern the the US IRS may be taxing Capital gains on these shares retroactively.

Do you have any insights into IRS acting to tax Inversions such as this. Perhaps you Bloomberg terminal would have some timely advice on this. I could sell the shares before the inversion closes, but hate to jump at shadows.

I realize you are not US tax experts but you might have run into useful 3rd party advice that would be helpful.

Regards
Ernie

Q: Hi,

What do you think of GWPH as a long tern 3-5 year hold? Is there a medical marijuana ETF or stock you like better?

Q: Hi,

I'm interested in a healthcare stock or etf. What do you think of this sector in the next 3-5 years? I am interested in etfs ZUH, XHC,PJP, and IYH, and Stocks UHS or Davita. Can you recommend one stock and one ETf for a long term hold?

Q: From Cindy
To Peter and 5i Team
could you please comment on siri.us Sirius XM radio and whether it is a buy for trading. Thanks

Q: Hi,

As a longer term play on tv, (several years)would you prefer DTV or Dish? I own lots of Walt Disney and Cgx, but think DTV or the Dish network are quite different. DTV has a much lower PE but Dish's growth over the last five years is phenomenal.

Q: Do yo have opinion on Pfizer (PFE)?

Q: From Cindy,
To Peter and 5i Team,
I would appreciate your comments on the biotech stocks and etf for us as well as Canadian stocks. Thanks

Q: re:CSX

Hopefully you can help with this U$ Equity question.

I purchased 200 shares of CSX a number of months ago and it is doing ok with a good dividend. I purchased CSX because it was considerably cheaper than Can Railroads and I do have a need for U$ currency with a son that attends a US college. I have about 20% of my portfolio in US equities of which 5% is in CSX.

I have just read another article regarding CSX and they painted a picture saying "the present value of the company's discounted earnings, adjusted for dividends, is around $2 less than shares trade for right now."

It gives reasons being CSX' earnings growth estimates are lower than it's competitors. It goes on to say "Curiously, analysts have not been moving earnings estimates up at CSX as they have for Norfolk Southern (NYSE:NSC), where earnings have been furiously upgraded by more than a dozen analysts recently."

Long and short of it... it appears CSX shares' valuation has been up to the same forward earnings multiple (14) as it's competitors but doesn't appear to offer the same earnings growth going forward.

Can you give me your thoughts on CSX moving forward and do you think share value will be negatively effected based on the street consensus.

Thank you for all you do

Gord

Q: Gilead Science GILD.US had 2 pieces of good news today. UK government has approved its drug for Hepatitis C at the full price charged in the US. Roche had its patent challenge rejected. GILD has moved up by about 2% on this news and is up about 20% since the beginning of June. This is now about 10% of my portfolio.
I would be grateful for your comments.

Q: Peter -any current thoughts on AIG post ILFC SALE -and as such new balance sheet flexibility?ALSO-any view on CHMT -Chemtura -Kim

Q: I would appreciate your opinion and recommendations on NOC and any other company you know of which is involved with drones.
Thank you, Peter, Ryan and 5iteam.

Q: Hello 5i,
I bought these US securities on the 24 Jun this year. So far this is the performance:
shares $/sh amount book val +/- %
ATHN 24 131.25 3,150.00 2,978.99 +171.01 +5.74
PCLN 2 1,284.81 2,569.62 2,443.95 +125.67 +5.14
ALGN 54 54.71 2,954.34 2,870.87 +83.47 +2.91
SFL 155 18.80 2,914.00 2,877.45 +36.55 +1.27
SBUX 37 76.62 2,834.94 2,873.01 -38.07 -1.33
CLCT 139 20.09 2,792.51 2,883.08 -90.57 -3.14
GMCR 24 114.30 2,743.20 2,976.83 -233.63 -7.85
SNDK 27 93.21 2,516.67 2,793.10 -276.43 -9.90
MSCC 103 24.35 2,508.05 2,866.14 -358.09 -12.49

Just wondering if you can give me an update on my US portfolio.
Thanks,
Rick

Q: Hi, I know you don't concentrate on US stocks but would you please comment on Boeing for me?

Q: Hi Peter and Team,

Quick thoughts on National Holdings, NHLD.US

Q: can you give me a comparison of autonation U.S and acq-t citing growth rates and profits

Q: Hello 5 I Team

My US Margin Account presently represents only 1% of my total holdings. I intend to make contributions to it later in the year, but for now I would like to see the money "do something" while it's sitting there. Rather than engage in any futile stock picking, I thought I would invest in an ETF which could provide consistent, if modest growth. To that end, I had my eye on the new ETF Direxion iBillionaire Index ETF, (IBLN), or the Market Vectors Wide Moat ETF, (MOAT). I would appreciate your opinion on these choices -- or your suggestion as to what might be a better stock to hold in this context. Thanks for your help.

Q: JDSU Getting tired of holding. Am down 20 per cent in two separate accounts. Street did not like earnings. Starting to think it was a huge mistake buying this for a turnaround. Lots of cash but no catalyst except for possibility of a takeover. Are they in the same space as INVN Invensense? Thinking of switching to INVN. Does that make sense to you?

Q: Asked for high yielding american companies earlier and one suggestion was SFL on the NYSE. I was considering NFSHF on pink sheets. How about it, and do you think there is any chance of an off shore oil renaissance.

Q: Hi Peter and Team,

What are your thoughts on Blue Capital Reinsurance Holdings, BRCH.US